Formerly About Advanced Micro Devices Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Advanced Micro Devices

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jack L. Dlugach who wrote (954)	7/25/1996 12:17:00 PM
From: charles moore	of 1583152

Jack: I think that there were people that were just looking for an excuse.The problem is that CNBC should have let her subscribers worry about the other.I dont have a large amount of cash just sitting there. If I have managed to pick stocks that are in an uptrend and CNBC which can reach more viewers than she can reach subscribers than they are doing her PR for her and at the very least helping to create a pause in what the market would do anyway. My other complaints are: 1. They released this information before they had confirmed it with her.If you are I would have tried to create a situation by spreading an unsubstantiated rumor we would have the SEC breathing down our necks. 2.According to CNBC she had not lived up to her promise of providing a fax to "Select" subscribers when she recommended a "Sell" 3.Her "Hot line" had not been updated to reflect this "Sell"advice. 4.According to a previous message she was selling stocks.What does that say when you have a person selling stocks before they have posted the information to their subscribers.I dont know if they were stocks she recommended in her newsletter but I believe that the person who runs a newsletter is not allowed by SEC rule to buy or sell stocks that they recommend before they release this information to their subscribers. In lieu of the above I think it was irresponsible of CNBC or any network to place credence in such an individual.You dont see them doing this for Dines, Holt, Davis etc or any other newsletters. I dont know that the fact that the selling distribution in AMD means it is going lower.Just that it isnt going any higher at the present time.All I can tell you is that as of two days ago that the selling is more pronounced.A recent message stated that his broker had told him that the buy orders outnumbered the sell orders by 5 to one. That may be true but it might be that after all buyers are matched up with sellers that the number of shares that the are represented by the sellers is more than the ones represented by the buyers. I dont think that in the real world there has to be an equal number of sellers for each buyer.So far these charts have been accurate relatively speaking ie if they show buying and the stock goes down in price it is very little or they go up in price while the ones that show selling either dont go up or they go down. Charles

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next